Projects encryptionThe currency started to increase its reputation with the rise of global stock markets, mining companies, and other digital trading platforms since 2017. The golden age of this industry occurred in 2021. The period of 2021 marked a revolution for blockchain technologies. NFTs, DeFi protocols, and meme tokens have become the focus of investors’ attention. Meme projects in particular have started to make a buzz in the market by receiving huge investments.
In this article, we will explore three currencies that might fit your plans perfectly – Mehraki (MKI), Ethereum (ETH), and Tezos (XTZ). We’ll cover how to get started with each one and what you can expect to earn.
Meme currency with great potential: Mehraki (MKI)
According to the current data, more than 300 meme icons are currently available. The first steps of these tokens, which were produced for jokes, were made using Dogecoin. Mehraki (MKI) is also known as one of the cryptocurrency projects in the memes space. See also: Crypto Shiba Inu Review: 1 Good Reason To Buy SHIB – And 2 Also Good Reasons Not To…!. However, unlike other coins, Maharaki focuses on physical uses. Mehraki’s original cryptocurrency is MKI. The main objective of MKI is to be the main means of payment in the fields of entertainment (tourism, travel, accommodation, etc.).
Generally, meme tokens are only used in exchange transactions. In other words, it is not about realistic physical spaces. However, Mr. Maharaki plans to overcome these patterns and allow people to use the MKI token while living a comfortable life.
The story of the project name Maharaki comes from the triple spirit, love and creativity. As the name suggests, the platform was created to improve the standard of living of individuals. Maharaki’s mission is to revitalize the tourism industry, which has been hit hard by the COVID-19 pandemic, and create an ecosystem that supports travel initiatives. In this ecosystem, fast and inexpensive transactions can be done using Mehraki Token (MKI).
Market Giant: Ethereum (ETH)
Ethereum is a decentralized platform that implements smart contracts: applications that work exactly as they were programmed, without any potential for fraud or third party interference. ETH, the cryptocurrency used in the Ethereum blockchain, is the second largest digital currency by market capitalization. The Ethereum network was launched on July 30, 2015, with 72 million ETH previously mined. See also: This bad news about Ethereum shows its recent loss of momentum – what could lead to another rally?. Its goal is to serve as a global platform for decentralized applications, allowing anyone to build and use applications without unnecessary intermediaries.
In 2022, Ethereum (ETH) experienced a drop of up to 50%, which was not valid only for the cryptocurrency markets. This is one of the biggest proofs of the importance of the cryptocurrency ecosystem to the world’s economic direction. However, Ethereum will reach the same levels again when adverse conditions and expectations are over.
Backed by financial giants: Tezos (XTZ)
Although its trading volume is low for trade In the very short term daily, the coin is profitable in the short and long term. In particular, the fact that it marks the beginning of an uptrend indicates that the price range currently in place may present a buying opportunity.
In the short, medium and long term, Tezos (XTZ) is more likely to be a successful investment when you set different trading thresholds. See the article: 3 Cryptocurrencies that you can buy in May 2022 and keep in your wallet for the long term!. Likewise, coin storage is among other options that can increase the profitability of your investments in the long run.
Tezos (XTZ) stands out as one of the coins to watch closely, thanks to the support it receives from financial giants and the confidence it gives investors when the market is in turmoil.
If you are looking for a solid investment with a high return potential, then Mehraki (MKI), Ethereum (ETH), and Tezos (XTZ) may be of interest. Each of these cryptocurrencies have the potential to grow. For those looking for a less risky option, Mehraki (MKI) seems like a good idea for new investors.